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05.07.2022 PwC Cyprus said on Monday that international investment is critical to the Cypriot economy, which was highlighted during the Invest Cyprus International Investment Awards. The event took place on..
04.07.2022 The commercial real estate sector remains an important sector in terms of the size of its assets and the impact this can have on financial stability, stresses the credit..
04.07.2022 GPR Green Park Residences Ltd, developer of The Courtyard, invited potential buyers to CVAR - Severis Foundation to present a residential project in Nicosia. Participants watched the presentation of..
04.07.2022 Gordian is listing a number of new discounted lots for sale as part of its revamped GoDeals portfolio. The plots are located in the countryside of Paphos and are..
04.07.2022 Cypriot President Nikos Anastasiades said on Friday that he is cautiously optimistic that the island, as it did during the 2013 crisis and the Covid-19 pandemic, will emerge stronger..
04.07.2022 Harmonized inflation rose to 9.1% in Cyprus in June compared to June last year, setting a new all-time high, helped by rising energy prices. According to Eurostat's operational estimate,..
04.07.2022 The Cyprus Fiscal Authority has expressed concern over the delays in the implementation of the Cyprus Recovery and Resilience Plan, warning that if further delays occur, it will unfavorably..
04.07.2022 The Bank of Cyprus on Monday announced that it will implement a voluntary retirement program that will aim to reduce its workforce by 15%, which is approximately 500-600 employees...
04.07.2022 Employment in the broad industrial sector declined by 1.5% in 2020 to 39,100 compared to 39,700 in 2019, according to the results of the Industrial Production Survey 2020 released..
04.07.2022 The lease agreement stipulates that if the property is sold, the lease agreement is terminated. If an application for an interim order uses a remedy similar to that sought..
04.07.2022 Homes that are 30-40 years old probably need improvement to match today's living standards, especially buildings that were built to the specifications of the owner at the time. This..
04.07.2022 The desire of Cyprus to attract high-tech companies, combined with the increased interest of firms to relocate from geopolitically unstable regions, is expected to increase the demand for real..
03.07.2022 The importance of the Port of Latsios has been great for centuries, according to Panagiotis Agathokleous, Director of Limassol-Paphos-Lazios Ports, who added that for the Cyprus Ports Authority, it..
03.07.2022 On Friday, July 1, an urban planning permit was issued by the central city planning authority for the American University of Beirut to be built in Paphos, according to..
03.07.2022 MPs have not decided whether to pass a European Union directive reducing the size of homes eligible for a 5% VAT reduction or face heavy financial penalties, while the..
02.07.2022 The Central Bank of Cyprus released a report this week that notes that the country's International Investment Position (IIP) improved slightly at the end of the first quarter. In..
02.07.2022 The President requested a meeting with the Ministers of Energy and Finance, the Cyprus Energy Regulatory Authority (CERA) and the Cyprus Electricity Authority (EAC) on Friday demanding a reduction..
01.07.2022 The start of construction work on the Paphos-Polis-Chrysochous motorway was welcomed by the President of the Republic, Nikos Anastasiadis, in a Twitter post. The President described the motorway under..
01.07.2022 According to a report released by the Central Bank of Cyprus (CBC) this week, total deposits in the Cypriot banking system declined in May, but still almost double the..
01.07.2022 According to a report published this week by the Statistical Office of Cyprus (Cystat), the average gross monthly earnings of employees in the first quarter of 2022 was 2019..
01.07.2022 The Cyprus property market is growing and becoming more expensive as the number of properties increase by 1.5% and their total value increased by 2.2% based on January 2021..
01.07.2022 Brussels has told Cyprus to "hold their horses" over a new attempt to throw another lifeline, a mortgage-to-rent scheme, to poor borrowers to help them keep their homes and..
01.07.2022 The Municipality of Paphos is taking another important step towards achieving its strategic goal of making Paphos a smart and digital city by launching a smart parking management system..
31.06.2022 After more than a decade of efforts, we have succeeded in creating a new, modern and improved legal framework for local government, Interior Minister Nikos Nouris said at an..
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